As of close of business last night, Gevo Inc’s stock clocked out at $0.87, down -4.17% from its previous closing price of $0.90. In other words, the price has decreased by -$0.0377 from its previous closing price. On the day, 5332242 shares were traded. GEVO stock price reached its highest trading level at $0.9247 during the session, while it also had its lowest trading level at $0.8667.
Ratios:
To gain a deeper understanding of GEVO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.23 and its Current Ratio is at 4.27. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on August 21, 2023, initiated with a Market Perform rating and assigned the stock a target price of $2.
On December 14, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $2.25.
On October 19, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $2.30.Jefferies initiated its Hold rating on October 19, 2022, with a $2.30 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 26 when Shafer Andrew sold 24,978 shares for $1.23 per share. The transaction valued at 30,723 led to the insider holds 156,841 shares of the business.
Nurmat Alisher K sold 586 shares of GEVO for $627 on Dec 12. The VP Accounting and Treasurer now owns 104,919 shares after completing the transaction at $1.07 per share. On Aug 23, another insider, Gruber Patrick R., who serves as the Chief Executive Officer of the company, sold 171,549 shares for $1.38 each. As a result, the insider received 236,395 and left with 2,963,646 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GEVO now has a Market Capitalization of 208.44M and an Enterprise Value of -44.97M. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.59 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at -3.36 whereas that against EBITDA is 0.85.
Stock Price History:
Over the past 52 weeks, GEVO has reached a high of $2.00, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 1.0052, while the 200-Day Moving Average is calculated to be 1.2471.
Shares Statistics:
It appears that GEVO traded 6.26M shares on average per day over the past three months and 6.47M shares per day over the past ten days. A total of 237.17M shares are outstanding, with a floating share count of 230.97M. Insiders hold about 3.96% of the company’s shares, while institutions hold 37.09% stake in the company. Shares short for GEVO as of Feb 15, 2024 were 30.52M with a Short Ratio of 4.88, compared to 29.44M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.69% and a Short% of Float of 16.70%.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.07, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.04 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.23 and -$0.27 for the fiscal current year, implying an average EPS of -$0.25. EPS for the following year is -$0.31, with 4 analysts recommending between -$0.22 and -$0.41.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $4.42M. It ranges from a high estimate of $4.72M to a low estimate of $4M. As of the current estimate, Gevo Inc’s year-ago sales were $545k, an estimated increase of 711.00% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.53M, an increase of 11.60% less than the figure of $711.00% in the same quarter last year. There is a high estimate of $5.01M for the next quarter, whereas the lowest estimate is $4M.
A total of 5 analysts have provided revenue estimates for GEVO’s current fiscal year. The highest revenue estimate was $17.55M, while the lowest revenue estimate was $17M, resulting in an average revenue estimate of $17.28M. In the same quarter a year ago, actual revenue was $1.18M, up 1,370.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $19.8M in the next fiscal year. The high estimate is $20.84M and the low estimate is $18M. The average revenue growth estimate for next year is up 14.60% from the average revenue estimate for this year.
